Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Geithner heads to Europe as debt fears mount
Reuters ^ | 9/12/2011 | By Jan Strupczewski and Glenn Somerville

Posted on 09/12/2011 7:26:43 PM PDT by jonatron

...Geithner is expected to attend the euro zone meeting on Friday and then return to Washington. The Treasury said on Monday only that he will discuss efforts to boost global recovery and cooperate on financial regulation, but U.S. attention is focused on risks posed by potential European debt contagion.

The danger that a Greek debt default could roil bigger European economies was underlined on Monday as heavily exposed French banks' shares plunged and investor confidence in the euro zone's ability to surmount a sovereign debt crisis ebbed.

Underscoring concerns by the United States about the global economic dangers from Europe's debt troubles, the Treasury Department said Geithner would meet with International Monetary Fund chief Christine Lagarde on Tuesday.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: debtcrisis; eurozone; timmy; treasury
Your tax dollars at work.
1 posted on 09/12/2011 7:26:55 PM PDT by jonatron
[ Post Reply | Private Reply | View Replies]

To: jonatron

Why do I get the feeling this trip is going to cost us FAR above his travel expenses?


2 posted on 09/12/2011 7:31:11 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
[ Post Reply | Private Reply | To 1 | View Replies]

To: jonatron

Eddie Haskell’s European tour.


3 posted on 09/12/2011 7:32:33 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jonatron

Do we really need to export that deer-in-the-headlights look to Europe? God help them if they listen to him.


4 posted on 09/12/2011 7:32:46 PM PDT by SERKIT ("Blazing Saddles" explains it all......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Army Air Corps
Eddie Haskell’s European tour.

"Certainly, Mrs. Cleaver! We can spend our way out of this debt, Mrs. Cleaver!"

5 posted on 09/12/2011 7:35:00 PM PDT by jonatron (This is the Land of the Free, the Home of the Brave.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: jonatron
He's headed to Europe? This thing is far from over.
6 posted on 09/12/2011 7:35:25 PM PDT by HereInTheHeartland (I love how the FR spellchecker doesn't recognize the word "Obama")
[ Post Reply | Private Reply | To 1 | View Replies]

To: KoRn
Europeans have real problems and Little Timmy Geithner is nothing but a fart in the gathering storm to them. Meanwhile, the US market inexplicably went up 69 points today. The collapse of the US securities market will be fast, ugly, and unimaginably violent.
7 posted on 09/12/2011 7:35:48 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 2 | View Replies]

To: jonatron

Any chance that’s a one way ticket?


8 posted on 09/12/2011 7:36:32 PM PDT by USNA74
[ Post Reply | Private Reply | To 1 | View Replies]

To: SERKIT

“God help them”
No, God help us!


9 posted on 09/12/2011 7:38:08 PM PDT by JimmyMc
[ Post Reply | Private Reply | To 4 | View Replies]

To: jonatron

Europe needs brilliance and the cretin sends an intellectual sinkhole.


10 posted on 09/12/2011 7:39:09 PM PDT by Da Coyote
[ Post Reply | Private Reply | To 1 | View Replies]

To: jonatron
Geithner heads to Europe

What would we have to give them to keep him?

11 posted on 09/12/2011 7:42:44 PM PDT by Harmless Teddy Bear (Can we ask questions which God finds unanswerable? Easily. All nonsense questions are unanswerable.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KoRn
Why do I get the feeling this trip is going to cost us FAR above his travel expenses?

Can anyone say QE III, the European Tour.

12 posted on 09/12/2011 7:47:20 PM PDT by YankeeReb (No matter what, AB0 in 2012.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Harmless Teddy Bear
The Obozo A-Team is the perfect example of the Peter Principle in action, in capital letters. Timmy Geithner, Ben Bernancke are total losers.
13 posted on 09/12/2011 7:54:25 PM PDT by MasterGunner01 (To err is human; to forgive is not our policy. -- SEAL Team SIX)
[ Post Reply | Private Reply | To 11 | View Replies]

To: jonatron

If Europe had any sense they would opt for a trained monkey rather than Geithner. We could send Bernanke, but I think he is busy printing money.


14 posted on 09/12/2011 8:01:59 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jonatron
I think it's likely they're going to have a "Jesus moment" and finally realize what the Tea Party movement have been saying all along: too-big government, too many government regulations and a business-unfriendly tax system can cause no end of economic woes.

The mantra of the Tea Party movement--namely smaller and less intrusive government and far more business-friendly taxation--could spread around the world a lot quicker than people think, even in Europe.

15 posted on 09/12/2011 8:38:09 PM PDT by RayChuang88 (FairTax: America's economic cure)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jonatron

Maybe Geithner will have the Debt Panel handle EUrope’s problems as well.


16 posted on 09/12/2011 9:04:04 PM PDT by Mike Darancette (Psalm 109:8)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mike Darancette

With a little luck, maybe he will stay there.


17 posted on 09/12/2011 9:13:43 PM PDT by baiamonte
[ Post Reply | Private Reply | To 16 | View Replies]

To: jonatron

I call him Eddie Haskell because Timmy looks a bit like him and the two have the same personality. :-)


18 posted on 09/12/2011 9:20:33 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Army Air Corps

wow ...we can all sleep good now. Timmy is going to Europe!


19 posted on 09/12/2011 10:07:39 PM PDT by Staff Of Moses
[ Post Reply | Private Reply | To 18 | View Replies]

To: jonatron
To save Greece, the Germans don’t want to devalue their own money and take the corresponding life–style hit; however, the Greeks cannot pay their debts, and without a bailout, will have to default and put the whole Globalists’ European project in jeopardy. What’s to be done?

And so with this in mind, I read the article looking for what I thought would certainly appear; and so it did, and here it is.

Underscoring concerns by the United States about the global economic dangers from Europe's debt troubles, the Treasury Department said Geithner would meet with International Monetary Fund chief Christine Lagarde on Tuesday.

Here’s what we can expect: The US Federal Reserve will print dollars and ship them off to the IMF which, in turn, will use them to bail out Greece. The American people will take the hit. Our money will be further devalued, and our lifestyles will be further diminished to keep the Globalists’ dream afloat,

The American people will be discretely deceived; they will be told that an international effort was brought to bear to save Europe, but they will not be told that we are the ones who are taking the financial and economic hit.

20 posted on 09/12/2011 11:44:06 PM PDT by Colorado Buckeye (It's the culture stupid!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SERKIT

They won’t listen to Geithner; his is not our best export.


21 posted on 09/12/2011 11:50:43 PM PDT by raygun (http://bastiat.org/en/the_law DOT html)
[ Post Reply | Private Reply | To 4 | View Replies]

To: SAJ

Eddie Haskell goes to Europe Ping.


22 posted on 09/13/2011 6:23:31 AM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 1 | View Replies]

To: raygun

Saw a hard to find news story that the Europeans laughed at timmy. Guess no one takes him seriously.


23 posted on 09/15/2011 2:10:15 PM PDT by Texas resident (Hunkered Down)
[ Post Reply | Private Reply | To 21 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson